India-Israel FTA: The free-trade agreement between India and Israel is expected to be signed soon. It is being told that in this regard, a team of officials from Israel is going to come to India in January so that talks can be officially started on the proposed free trade agreement between the two countries.

Business will increase between the two

Let us tell you that India and Israel had signed the Terms of Reference (ToR) of the Free Trade Agreement on November 20 to increase bilateral trade between them tenfold in the coming ten years. Both the countries have already signed a Bilateral Investment Treaty (BIT). FTA between India and Israel will increase access to each other’s markets, which will increase capital flow and open doors for more investment and trade.

What do both countries send to each other?

Israel is India’s second largest business partner in Asia after China. However, mainly diamonds, petroleum products and chemicals are traded between the two countries. Its scope has increased in the last few years and now everything from medical devices to electronic machinery is also sent. Products exported from India to Israel include pearls and precious stones, chemicals and minerals, agricultural goods, textiles, base metals, electronic devices, plastics etc. At the same time, the goods coming from Israel to India include petroleum, defense equipments, machinery etc.

FTA between India-EAEU

In 2024-25, there was a trade of $3.62 billion between India and Israel, in which India sent goods worth $2.14 billion and imported goods worth $1.48 billion. Officials also said that India will start the second round of talks with the Russia-led Eurasian Economic Union in February. The first round of talks on FTA took place in November.

The terms of reference of the India-EAEU FTA were signed on 20 August 2025. In this, an 18-month plan was made, the objective of which is to find new markets for small businessmen, farmers and fishermen in India. Let us tell you that EAEU includes five countries like Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan. Of these, Russia is India’s biggest business partner. Under the FTA between India and EAEU, both the parties want to increase the trade between them from the current $70 billion to $100 billion by 2030.

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India and Israel Relations: Even though India has kept itself neutral between the war between Israel and Palestine, Israel has openly supported India every time in the war with Pakistan. Many media reports have claimed that Israel helped India without any diplomatic relations in the 1971 war. Let us tell you in detail what weapons did Israel give for India’s help and what weapons were given to India to fight Pakistan.

Help for the first time in 1971
According to media reports, there was no diplomatic relationship between India and Israel in 1971, yet according to many claims, Israel had helped India against Pakistan. This has been revealed in Srinath Raghavan’s book ‘1971’. In this, some documents of PN Haksar have been made the basis, which was the advisor of the then Prime Minister Indira Gandhi at that time. Shrinath Raghavan found after research on those documents that Israel had assisted India at that time.
India got weapons
It has been told in Raghavan’s book that when this proposal was made in front of Prime Minister Indira Gandhi, he had made it acceptable. The document mentions that Israel was also struggling with shortage of weapons at that time, yet the Prime Minister Golda Mayor helped the weapons given to Iran. After Narasimha Rao became the Prime Minister of the country, diplomatic relations were established between India and Israel in 1992.

Help in Kargil War
Even at the time of Kargil War, Israel had helped India a lot, he had given Heron and Survey UAV to India which mastered monitoring the height. Other than this
Israel also provided Pakistani intruders photographs to India with military satellites. In Kargil’s battle, Israel provided bullets and weapons for Bofors Field Gun.

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